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is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and dealing with budget negotiations. he's been a part of almost lever r every big budget negotiat
: still to come on the newshour: the faa's decision to examine the boeing 787 dreamliner; the buzz on cutting edge technology; and shields and brooks. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: the death toll in a double bombing on a billiards hall in pakistan rose to 86 today. shiites were the target, and today some people refused to bury their dead in protest, demanding the government protect them better. the twin bombings were the worst in a series of attacks yesterday that killed a total of 120 people. in syria, rebel fighters captured control of a major air base in the northwestern part of the country. they seized helicopters and other weapons at the taftanaz base in idlib province. it's the largest military site they've taken so far. meanwhile, in geneva, u.n. envoy lakhdar brahimi met with u.s. and russian diplomats in a search for a political solution in syria. he said later that prospects appear grim. france intervened in mali today to stem an offensive by islamic rebels linked to al qaeda. within hours of arriving, the french launched a
due from wells fargo before the bell. plus, a rough week for boeing. today, u.s. transportation officials are set to announce a special review related to some of the recent electrical problems on the new 787 dreamliner. it's tri, january 11th, 2013, and "squawk box" begins right now. >>> the index is now 93 points off its record low that was locked back in october 2007. we've been watching the futures this morning, and right now those u.s. equity futures are indicated slightly lower for the dow futures just over six points, but the s&p futures and the nasdaq futures are indicated slightly higher. this is a global story with world stocks near eight-month highs. european stocks consolidating in early trading today. france pulling back slightly, but in germany, the dax is up by just over 8.5 points. the ftse is up by about five points or so in london. if you want to know who is taking part in this rally, check out these new statistics. investors poured $5 million stocks into mutual funds. that is the largest weekly inflow since 2001. mean too many, etfs gained about $8 million in c
. they're not the only retailer under pressure this morning. jcpenney capping a bad week. >>> boeing under official view as a probe is taken on the plane. a cracked inshield and oil leak. >>> remember a cheaper iphone? a top apple executive said forget it. the company continues to focus on china. >>> we'll kick off with wells fargo, kicking off q4 results. the lending business came in a little bit lower than many analysts expecting. the numbers coming out after american express announced plans to cut 5,400 jobs and the s&p closed at fresh five-year highs. jim, it's been said, wfc, probably the most important report of the week. what kind of grade do we give it? >> the whisper was they weren't going to do this anyway. i don't know anyone would think they would -- people were certainly thinking because the stock market was 32, 35. maybe somebody knew something. but in the end, they didn't do the net margin. the numbers will come down. people will trim numbers on wells fargo. it is still the best bank. they have too much money. the deposit growth here is unbelievable. but in this enviro
exchange. nicole: i could always use a good start. let's take a look at boeing in particular. still down for the week. you may remember over the last two days we have covered boeing and the 787. liner. not good news. we have seen the stock selling off. today making a little bit of a comeback. up about 3%. they had a fuel leak and an electrical fire. you do have one analyst touting the stock while others are saying get on the sidelines and take a breather on this one. back to you. melissa: thank you so much. fox business stock alert. shares of gm hitting a 52 week high. the automaker is doing "internal plumbing" to become more profitable. lori: toyota is the world's largest automaker in the last year. it is tough. melissa: morgan stanley said to weigh out more than 3000 workers. charlie gasparino all over this. we will talk to him about this coming up next. lori: take a look at the dollar. stronger across the board today. we are back after this. ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn
thinks it will take. now to another nightmare for the dreamliner appeared in another of the boeing 787's is being cancelled, this time to break problems occurred this is the third incident in two days. it has raised safety worries about the aircraft. here's a report from new york. >> in grounded, the 787 dreamliner was bound for it had to be sent back to the gate -- bound for tokyo. it had to be sent back to the gate because of the problem with the brakes. on tuesday, a fuel leak caused japan airlines to cancel take off of one of its 787 jets in boston. a day earlier at the same airport, a battery pack caught fire on an empty plain. speaking of the battery incident, boeing said it is cooperating with the relevant safety authorities and before providing more detail, we will give our technical teams the time they need to do a thorough job and ensure we are dealing with facts, not speculation. boeing's stock price fell on the news after years -- and after years of delays, the dreamliner went into operation in late 2011. now some question how safe is the 787. >> it is something the ntsb will
an awful week for boeing 787 dreamliner aircraft. one of the most advanced planes ever. two more mishaps on separate flights in japan today. a cracked cockpit window and an oil leak. this fires a fire, fuel spill and brake problems. the faa is set to announce a comprehensive review of the dream leaner. >>> and this year mlb will conduct tests on players for hgh. >> the in-season hgh drug test is a huge concession from the players a serious advance in drug testing in baseball. it's interesting to see if the other sports follow suit. >> i think it's great. >> agree. eight minutes after the hour. and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed jack's signature. and wh
process of the boeing dreamliner, plus, its battery, its electronics. and we have news for you, two more incidents overnight, but the plane, the 787, the dreamliner, they will stay in service. where did of boeing stock open, bearing in mind, a pr problem more than anything else. >> down to 75 and change. right now 75.75. and the question for boeing, are these growing pains with a new plane or structurally manufacturing defects and are people going to be scared to take a 787 dreamliner because it's more than a nightmare. stuart: well said, lauren. that's the pr side. if you look at physical side, if f.a.a. thought there was a threat to safety and health of passengers they would have have taken them out of the air, but i agree with you, pr, and boeing was buck and a half. >> 1.7% lower. stuart: we'll check back later. thanks very much. call it the smartphone effect perhaps. according to tech industry, tracker idc, pc sales dropped during the holiday season, first time in five years, the drop was 6% as compared to the same period previously last year. a look at the shares of dell, down 30%
. now a fuel leak on another. the aircraft maker boeing dealing with a pair of problems on newest passenger jet the dream liner. what's up here? we will get a report next. plus a guy wins a million bucks in the lottery. the next day he is dead. investigators at the time said natural causes. they are digging up the body now to try to figure out who poisoned him. that and the rest of the night's journalists on this fox news tuesday fox report. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. aww man. [ male announcer ] returns are easy with free pickup from
points now. boeing down 3%, caterpillar, verizon weighing on the dow jones industrials. awaiting on alcoa to be the first to report the earning season, and, affect, so many names we are watching closely, however, right now, we are certainly right near the lows of the day, and the nasdaq down after a percent like the s&p 500. i want to take a look at the retailer, sears, in particular, which we tack about the sales over the season. holiday season, which was not as bad as some of the analysts expected, and now there's a change at top, the ceo stepping down because the family medical issues, and now the chairman's going to be stepping into that ceo role. analysts, of course, follow the company closely with the stock down 5% right now. back to you. melissa: any cole, thank you. eia cutting oil demand growth forecast today raising the u.s. crude price estimates about a dollar a barrel for this year for the impact on the price of crude today, going to the pits of the cme, phil flynn, there in the pits, what do you think of the estimates? >> you know, i think it's great news. you know, not only
. >>. >> shep: back to days of trouble for the number one aircraft maker boeing and 787 dream liner. according to officials at logan airport, a japan airliner spilled nearly 40 gallons of fuel moments before it was to take off. a fire broke out in the belly of a different airliner at logan filling the cabin with smoke. springer. it has had all kinds of problems? >> it really has. it has a series of electrical problems starting with a fire at a test flight back in 2010. yesterday's battery fire, everyone was off the plane when they discovered smoke in a cabin and traced it to a battery compartment. lithium battery, when the engines are off had overheated. in december there were three less serious problems. one forced a diverted landing in new orleans and one grounded a plane and united ground add plane to replace a power panel and gin rateder. >> it's all electrical power. that generates a lot of heat, just enormous amount of heat that has to be cooled. if you don't cool it then you have failures in the electronics bay. you have failures in the systems >> reporter: boeing says the problems are
and it is here but the federal government stepping up after props reported in some of boeing's new dreamliner jets. we'll tell you about what those problems are all about. martha: a teacher shocking students in the classroom. and outraging a community by desecrating the american flag as part of his class. we'll tell but the controversial lesson that has a south carolina teacher perhaps about to lose his job. >> he took the flag and he said that it was just a symbol of america and it was just a piece of cloth with colors on it. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant ho ho ho we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. martha: this has been an interesting one to watch. some new developments in hobby lobby's fight over providing
turning to japan. dagen: is your next slide on a dream liner? michael boyd is here to talk about boeing's big moneymaker. connell: the president on the hunt, maybe, for a few good women for his cabinet. we will be talking to charlie rangel about that. 1.9% on the ten year. the logo this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ >> here is your fox business brief. jobless claims unexpectedly rose last week. claims tend to be vulnerable around this time of year because of holidays and seasonal layoffs. joining forces on developing a next generation pickup truck. they have signed a memorandum of understanding to start negotiations. at one point, general motors held a 49% stake in the zoo zoo. the same survey also shows potential employees are making outrageous mistakes. 62% of employers are appearing interested. that is the number on
. >> see you soon. let's get to michelle caruso-cabrera who has breaking news on boeing. >> boeing says anticipated u.s. defense budget cuts likely will mean less demand for a variety of boeing products. you don't see a big move in stocks after hours. maybe this was not unanticipated, considering we know what's going to happen with the sequester. a lot of pressure on defense spending regardless of how the outcome is going to be. once again reuters says anticipated u.s. defense cuts will likely mean less demand for a variety of boeing products. >> thanks very much. up next, friday morning movers. next is your money on the line? don't miss it. stay with us. [ male announcer ] staples is the number-one office superstore ink retailer in america. . . for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> welcome back. 30 seconds on the clock now. each of our next guests will tell you what to be prepared for for tomorrow. joining me now, eric marshall along with simir samana and michael james. good to see you, gentlemen. thank you for joining us. eric, w
la hood, holding a news conference about boeing 787, the dreamliner. the faa is announcing a thorough review of the plane's operating system. the examination comes after several recent incidents on boeing's newest and most technologically advanced planes, including a fire and a fuel leak earlier this week. something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of conflict, if you will, were planted early. president obama has been targeting lobbying groups like the chamber since the day he announced his white house run. >> they write the checks, you get stuck with the bill. they get the access while you get to write a letter. they think they own this governmen
will review the boeing 787 dreamliner after two incidents overnight in japan, coming on the heels of three other mechanical failures this week. good morning, rene marsh. >> the faa will announce in two hours from now, the plans to scrutinize how this jumbo jet was assembled, how parts were manufactured, and looking into its overall design. this would, of course, come days after an electrical fire in the belly of an empty japanese plane on the tarmac at logan airport on monday. one of the lithium batteries exploded. this is what a spokesperson from boeing. we actively work with the faa daily across our product lines. we are absolutely confident in the reliability and performance of the 787. so we're expecting that announcement in just about two hours from now, john. >> thank you very much, rene marsh in washington. >>> ohio's attorney general says the investigation into the steubenville rape case is almost over. and the superintendent of schools is speaking out about the case and social media's role in the whole thing. >> horrendous act. a horrible act of what went on with the internet and
. boeing is plague down a string of mishaps this week, saying quote, it has extreatment confidence in its dreamliner. >>> starbucks' survey found that 1 in 4 have purchased the new cups. >>> overseas bargain hunters climbed into french stores hunting for sales. >>> it's an end of an era for one of monopoly token. >>> finally, an organic nonalcoholic drink for dogs. >>> mark cuban slapped by the nba, the lion dog that sparked calls to 911 and jimmy beats dave. >>> the latest on what called this commuter ferry accident and also this crane collapse. you're watching "first look" on msnbc. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ]
to get the secretary of state to drop it on russia or chinese leaders about boeing or lockheed? how does that happen? >> this is where the washington turf battles come in. actually, ostensibly, this is the job of the commerce department. there has been a program created right after the cold war called commercial advocacy. where major corporations, big companies can like boeing and lockheed, because they were the -- you know, the only company in their market, could apply to the commerce department and basically get officials to lobby for them and be their corporate cheerleaders for clearance. and you're talking about for government contracts. so if pudin -- these are government officials in other countries making the decisions to buy billions of dollars of airplanes from boeing. so hillary clinton is the one who gets to meet them and that means something. or the secretary of state does. so what clinton has done is she said, well, we're going to try to take some of this portfolio from the commerce department, because we're bigger -- the commerce department has been without a confirmed lead
of a massive plane at logan international airport. turns out to be a boeing dreamliner. well the national transportation safety board is now launching a full investigation. this could be just one of several problems with the dreamliner, which was launched with so much fan nare. dan springer has details for us from seattle. >> reporter: yeah, jon the national transportation safety board has a team in boston right now investigating what they are calling a 787 boeing smoke event. it happened shortly after all the passengers and crew had got even off the plane at logan airport. they had just taken a 12-hour japan airlines flight from tokyo. a maintenance worker smelled smoke and traced it to a compartment near the back of the dreamliner which holds the lithium battery that powers the plane when it's not flying. a battery eventually exploded, the cabin filled up with smoke but nobody was hurt. had this happened during a flight it could have been catastrophic. it adds to the list of electrical problems the 787 has experienced since there was a major fire during a test flight in 2010. in decembe
of the new boeing jet, the 787 dreamliner, but there's a problem. this week there were fires and fuel leaks on several dreamliners and now the federal aviation administration, the faa, says it's ordering a review of the plane's critical systems. >>> after a few days focused on domestic affairs the president turns his attention to afghanistan. he'll sit down with afghan president karzai and likely will discuss the future of u.s. involvement there. u.s. troops are supposed to withdraw next year, but how many, if any, will stay behind is up in the air. >>> meanwhile, secretary panetta wants the pentagon to prepare for cut backs. he has launched steps to free civilian hiring, delay contract awards and curtail some maintenance. he's also asked department officials to begin planning for unpaid furloughs. his plan supposedly minimizes the impact on military readiness. if congress can't reach a deal by march, the pentagon's budget will be slashed by more than $100 million. >>> police need your help finding this man, but anyone who comes in contact with him needs to use caution. he escaped from the
) ask your doctor about spiriva. >>> another day, another embarrassing incident for boeing and its 787 dream liner. today was brake problems that canceled a flight. yesterday, there was a fuel leak, spilled 40 gallons of fuel on the runway. monday in boston, there was a battery fire. both of those were japanese airline flights. boeing keeps saying these are minor issues. easily fixed, and the planes are safe to fly. but you know what? a lot of people are now saying that many of these problems are coming from outsourcing. that's right. outsourcing. and the fact in america we don't seem to have enough qualified engineers to do the job. meanwhi meanwhile, the flu season is going to be one of the worst in at least a decade. now the mayor of boston is declaring a public health emergency. good evening, alicia. >> good evening, larry. the mayor called this a flu epidemic today, already four people have died tied to the flu. so far, there have been an estimated 700 flu occasions in the city of boston alone, that's compared to 70 cases, all of last season, we are only half way through the flu s
lebeau's got breaking news ton the 787 boeing dream liner. phil, if you're out there, tell me what you've got, my friend. >> larry, we have learned that the faa is going to be conducting a special review of the power system in the 787 dream liner. essentially this is the faa saying let's take a pause here and take a look at the design, the manufacturing, how the power system works on the dream liner. let me be clear here, this is a special review. this is not an airworthiness directive. it would be a much more serious matter. and it might involve airlines being told stand down, don't fly this plane. that is not what is happening. airlines that have the dream liner will continue to flow it. but the faa is saying this is not simply looking into what happened on monday in boston, we want to do a special review of the power system remember, at the heart of this is the issue of the way the dream liner derives so much of the onboard electricity. this uses much more electricity than any other plane. as a result, it's much more complex than your typical airplane. again, the faa is going to be
menu, boeing may be in for more trouble over its 787 dreamliner. the latest glitch to hit the jet, an dreamliner grounded in tokyo because of a systems error message in the cockpit. yesterday, a dreamliner had to be towed back to the gate in boston because of a fuel leak. yet another jal dreamliner filled with smoke on monday after landing. luckily passengers had disembarked. and last month, a united dreamliner was diverted to new orleans over mechanical problems. boeing executives have extreme confidence in the 787. >> like me brand-new airplane program, the first year or two years in service, there are issues we have to work through. and i can tell you that the 787 is in the same family as our other leading airplanes, the 777 as an example. >> i've taken a couple of flights on these new dreamliner 787s. they are sweet, no question about it. at $200 million a pop, boeing has a lot at stake. it has 800 of the planes on order from airlines, but dogged by production delays and now these mechanical glitches since it debuted in late 2011. whether these problems are typical or not, the
and graffiti. next. lou: reports of the faa will review the power system of the boeing 787 streamliner confirming it will hold a briefing tomorrow. suffering three mechanical failures three-- this week. the faa will announce the review. production will be part of the evaluation. the faa has decided to open in a special review of the reminder. turn into a new epidemic, a tattoo taking over the bodies of celebrities and athletes and young people. an estimated 45 million americans have tattoos from the fda. the number is rising. here to give us of cents behind the epidemic psychotherapist dr. of ludwig. as he began, i am astonished. 25 percent of americans have tattoos? >> it is an old art form that not a subculture in any more. it is more of a fashion statement to personally brief and oneself. it does not look as strange to people so they're more inclined to get it and not think twice. lou: look at some pictures. that is a famous jet to a of a woman who is presumably his wife with the mark sanchez jersey. the player from the forty-niners there is jerry smith from the new york knicks. >>
they believe the plane is safe. boeing stock is down today almost 3 percent for the week. gold is down $17.30 but still up $11.90 with a six week losing streak. money flowing into stocks that equity funds took in 18 point* $3 billion that is the largest flow into equities since 2008. joining me now john it is great to see you. people start snoring with the trade gap but it talks about a bigger margin like goldman sachs will lower economic growth. but the market's are holding up. what is the disconnect? >> a widening of the trade gap has the u.s. importing more because they spend more and exports but the year-over-year growth has slowed to 0 percent to barely 2.5 percent today. lori: this is good news? what is the reaction from the market? >> barrett is gross the market does not focus they care about what is happening today. lori: why do people go into stocks when you look at other assets cashier bonds? >> investors expect interest rates will agree main low debt -- indefinitely they believed the bernanke belief through 2015 then the fed will hike the rates the inequities are the best deal i
will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave about 5400 jobs. most from its travel business as more customers book trips online. >>> scholastic has donated about 1 million new books to schools in new york and new jersey that were ravaged by hurricane sandy. >>> did shell oil move a rig? shell is denying the accusations saying that the rig was moved because of weather conditions. >>> and if you haven't started planning your summer vacation, you better get started. according to flipkey.com, inquiries for summer property rentals have risen 40% just the past month alone. >>> tim tebow snubbed again. reverend al sharpton teams up with tyler perry on a cold case. plus, turn
. >>> the mechanical problems keep rolling in for boeing's 787 dream liner. the latest happened in japan today. an all nippon airways flight was cancelled after an error message. on monday a fire broke out and yesterday a fuel leak cancelled another dream liner flight. not a good start for this very complex dreamliner aircraft. what is the company doing to rectify these problems? >> reporter: not a good start. the company held a conference call today to discuss the issues. they say the performance has been similar to the performance of the 777 when it first went into service and went on to say like any brand new plane there are issues. we have to work through them and move on. this is a big deal for boeing which has over 800 orders outstanding for the dreamliner and endured years and delays and problems getting the new plane off the ground in the first place. the bargain hunters are out. we are talking about a company that made $3.5 billion in profit in 2011, on track to top 4 billion for 2012. just to put this in perspective it only accounts for about 7% of total orders outstanding. >> it is meant to
. >>> and the problems continue to pile up for boeing's dreamliner after an oil leak and a cracked cockpit window were discovered on two separate flights in japan today. the latest incidents come ahead of a scheduled press conference from the federal aviation administration and the u.s. department of transportation. that's scheduled for 9:30 eastern. the uf of a is expected to announce a review into the aircraft's power systems after several mishaps on tuesday. 787 at boston's logan airport leaked around 40 gallons of fuel on to the tarmac a day after another airplane caught fire in boston. boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with european markets. tod
boeing likes to say, every time a boeing plane land somewhere in the world, there are 11,000 suppliers landing as well. we want to get the risk down, the certainty up, and have a predictable stable highly competitive environment from which to go out and compete around the world and win. host: one thing we heard leading up to discussions late last year is that some type of certainty was needed from decisions made. did the people you represent find the guest: certainty there is some of it. much is to be done because long- term overhang is still serious. nobody believes that our current spending course is sustainable. we have made promises that cannot be paid for. maybe not tomorrow or five years from now, but down the road changes need to be made. you're seeing this at the state level where governors and in both parties and legislative bodies are coming together. watch illinois right now, they are struggling with their pension debt, but at the national level we have not had the success yet that some of the states of had. host: looking at spending federally, what has to be guest::the firs
two critically. >>> more trouble for boeing and the much touted 787 dreamliner. japan officials cancelled a flight after a faulty computer notification about the brakes and after another 787 caught fire and yet another suffered a fuel leak. the designer's chief engineer says he has extreme confidence in the plane and boeing calls it gr growing pains. >>> aig is backing down amidst public outrage and ire from congress and decided not to sue the u.s. government over the multi-billion dollar bailout that saved the u.s. giant. they claimed the rescue was unfair to the company shareholders. >>> now, kayla is at the new york stock exchange. good morning. >> good morning. wall street is launching jack lew, president obama's nomination for the next secretary of the treasury and once confirmed he will undertake negotiations with congress over the country's credit card limit. holiday retail sales rose 2.5%, that is less than expected and retailers stocks are reacting. meanwhile, the overall market is unchanged on the week. >> kayla at the new york stock exchange, thanks. >>> doing a fly b
. is boeing's new dream liner safe? and lion on the loose? that is what 911 callers record but what they saw was entirely different. join us for the news at 11:00. isn't that wild. >> big plans for our dog, molly. >> bonds is the all time home run king. roger clemens, seven time cy young award snubbed by voters today. odd year. nobody deemed worthy. bonds hit a record number of homers. you could make the argument that he had a hall of fame career before he started juicing. either clean or not, long time agent released a statement it's unimaginable for the bets player to play the game would not than the unanimous first ballot. craig biggio got the closest with 67% of the voting. bonds was below 40%. he received less than half of the required 75% so he has long way to go. mike shumann spoke with writer who happens to be the new president of the baseball writers association of america. >> to vote for him? >> i did not. i'm one of those that think the integrity and sportsmanship and instructions of the hall of fame ballot is things we should consider carefully. with clemens and bonds the evidenc
going lower yesterday, boeing talking about turning things around, leaving the dow today. perhaps shares oversold on the news. >>nicole: they had breaks, a ful issue and electrical fire. one of the analyst said to get in and buy it on the dip. bank of america put them on the upside helping the dow and bank of america weighing heavily. ashley: home builders popping nicely today, a lot of analysts strong on housing this year. nicole: positive on the group overall, many homebuilders hitting 52-week high, 200, 300%. sandra: close out another trading session. let's go ahead and see how things have wrapped up. the dow up to 61 points, s&p 500 up three and three quarters of a percent or one quarter of a percent, the nasdaq composite up one half of 1% or 14 points. the rustle up one half of 1% as well. ashley: facebook small rise. now up after delivering the third quarter results. sandra: and one of the biggest etf losers today moving lower as natural gas itself falls more than 3%. ashley: the solar names are shining today. china will more than double the solar capacity this year. among the top
. and the fourth company commercial company boeing dropped its space capsule with three parachutes last year to a safe landing all on target for full test flights in 2016. >> what that says is how important this program is to our country and to our industry. people want to believe think want to feel that exploration means something. no surprise space x will be the first of these commercial companies to test fly with humans to low earth orbit. they plan to do that within three years. shep? >> shepard: phil keating live in south florida. the syrian government continues to murder its own people. today it freed more than 2,000 detainees in exchange for nearly 50 iranians. that's according to officials in turkey who helped to broke they're exchange. rebel fighters capture ited the iranians last auger in the syrian capital of damascus. they claim they were members of iran's revolutionary guards. iranian officials say they were shiite pilgrims visiting a holy site. one opposition leader accuses the syrian government of valuing iranian lives over those of its own people and of agreeing to the prison
has ordered a co comprehensive review in boeing's 747 dreamliner after a fire and fuel leak happened on two of its jets. a body of a million dollar lottery winner who was poisoned after collecting his payout. now, back to "hardball." >>> welcome back to "hardball." the war in afghanistan, which we've been fighting now for over 11 years, has taken a huge toll. more than 2,000 americans have been killed, thousands more seriously wounded, severely wounded. it's cost us more than $500 billion so far. well, today after meeting with afghan president hamid karzai in the white house, president obama made it clear the war is ending, the american war. and it's ending sooner than was previously planned. let's listen. >> let me say it as plainly as i can, starting this spring, our troops will have a different mission, training, advising, assisting afghan forces. make no mistake, our path is clear, and we are moving forward. every day more afghans are stepping up and taking responsibility for their own security, and as they do, our troops will come home. and next year this long war will come to a
it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> today, employees around the co
to tell you why. then, the boeing dreamliner turning into a nightmare for the company as the safety issues keep piling up. an aviation safety expert is here to discuss if we're putting too much technology in our planes. we're going to explain. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through
in the incident. about 70 people were injured in that crash, at least two critically. >>> more trouble for boeing and the company's much-touted 787 dream liner. japan's on the pond airways cancelled a domestic flight on wednesday after a faulty computer notification regarding the brakes. this after another 787 caught fire and another suffered a fuel leak. boeing calls the mishaps growing pains for the new aviation technology. >>> aig is backing down amid public outrage and ire from congress. the insurance giant has decided not to sue the u.s. government over the multibillion bailout that saved the insurance giant. they claimed the rescue was unfair to the company's shareholders. >>> now to wall street at the new york stock exchange, good morning, kayla. >> good morning, natalie. wall street is watching jack lew, president obama's nomination for the next secretary of the treasury. once confirmed, lew will take the reigns over avoiding the country's credit card limit. holiday retail sales rose 2.5%, that is less than expected and retailers' stocks are reacting. meanwhile, the overall market is unch
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